LFI Readiness Senior Analyst

Job Title: LFI Readiness Senior Analyst Location: CityScape What you'll do: The LFI Readiness Senior Analyst will be responsible for assisting the LFI Readiness Senior Director with executing the Bank's LFI Readiness Program to ensure compliance with Regulation YY Category 4 and related regulations. In addition, this individual will be a key part of development of LFI Readiness Program framework, governance, and oversight to monitor, evaluate, and report on the effectiveness of program itself as well as each project being completed within LFI Program. This role reports to the Senior Director and is responsible for initial preparation of presentations to appropriate management committees, Board of Directors, and external audit, where appliable, including any issues identified including the plan for escalation and resolution. This individual may attend critical meetings without Senior Director therefore need to make initial decisions and be able communicate results as well as answer stakeholders' questions ad-hoc. What we are looking for: Collaborate with key stakeholders including IT, FP&A, Data Governance, and Risk to ensure LFI Program Office (LFIPO) has all critical information from areas to make necessary decisions. Challenge and adapt inventory of key workstreams with assistance of Project Manager - Senior Director to ensure identified items are captured and tie back to regulatory requirements. Ensure with Senior Director ongoing compliance with FRB Regulation YY and related Enhanced Prudential Standards (EPS). Track and analyze regulatory updates and assist in implementing necessary program changes, as needed. Perform with Senior Director and third party partners the review of risk management frameworks and ensure they align with EPS tiered requirements. Responsible for initial development and ongoing updating of policies and procedures to meet regulatory standards including required publishing per Bank standards. Ensure implementation of LFIPO and related policies across business units (such as Software Capitalization) and monitor adherence. Work closely with internal audit, compliance, strategic partner, and legal teams to align with regulatory requirements as they related to LFIPO and Bank. Provide support in coordinating communications with external regulators, including data collection for reporting in conjunction with Regulatory Relations prior to review by Senior Director. Assist Senior Director in organizing and preparing for regulatory audits and examinations including readiness reviews and verbal discussions. Facilitate coordinating cross-functional teams to ensure that compliance initiatives are implemented smoothly and on time. Assist with tracking and monitoring project deliverables related to the program and reporting progress. Coordinate, maintain documentation related to compliance activities, risk assessments, and test results. Help develop and distribute training materials related to Regulation YY compliance. Support the delivery of training sessions to staff across various departments to raise awareness. Monitor training completion and ensure adherence to compliance learning objectives. Support internal audits by providing documentation and ensuring compliance records are up to date. Monitor logs of identified issues during work by Senior Analyst and third party related to EPS compliance and track their resolution with reporting to Senior Director. Assist in developing action plans to address gaps in compliance and monitor remediation efforts to be approved by Senior Director. The responsibilities listed are supportive of the Senior Director and may encompass additional activities as LFIPO matures. What you need to have: Bachelor's degree in Accounting, Finance, Business Administration, or another related field required. Master's degree in relevant field is a plus. Minimum of 2 years of experience wit